In certain situations a broker may be liable for what we call failure to hedge a client's portfolio. Liability in this context usually arises when a customer has a portfolio concentrated in one stock, usually that of a previous employer, or in few companies or few industries due to inheritance of a portfolio. This can leave the customer open to devastating, and in many cases unnecessary, losses if those companies or sectors turn sour.

In some situations it would be unsuitable for a client to diversify a large holding in one or more securities; however, this does not discharge a broker's duty to make suitable recommendations, including a recommendation to hedge the portfolio.

If you believe that you suffered losses because your broker failed to recommend an appropriate hedging strategy, you have certain rights which you should be aware of, rights which may provide you an opportunity to recover your losses from your stockbroker or brokerage firm.

At LewinsLaw we can help. I represent victims of securities fraud. I'll evaluate your claim for free and won't charge you any attorneys' fees unless and until I win or settle your claim. Please call or email me today.